Author Question: A multiplant firm has equated marginal costs at each plant. By doing this A) profits are ... (Read 61 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
A multiplant firm has equated marginal costs at each plant. By doing this
 
  A) profits are maximized.
  B) costs are minimized given the level of output.
  C) revenues are maximized given the level of output.
  D) none of the above

Question 2

The potential for redistribution cannot be exaggerated.
 
  Indicate whether the statement is true or false



mk6555

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

B

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

For a complete list of videos, visit our video library